2. Alphabet Inc. (NASDAQ:GOOGL)
Short Float: 1.42%
Alphabet Inc. (NASDAQ:GOOGL), with an upside potential of 19.55%, ranks among the best AI advertising stocks to buy.
On June 15, 2026, Alphabet Inc. (NASDAQ:GOOGL)’s Google announced a $1.5 billion investment across 2026 and 2027 to expand its data center campus in Jackson County, Alabama, alongside new energy affordability and community education initiatives. Google has operated in Jackson County since 2018, and the company framed the expansion around responsibly scaling local infrastructure, energy programs, and jobs.
The Jackson County campus began operations in 2019 on the site of Tennessee Valley Authority’s (TVA) retired Widows Creek coal plant, allowing Alphabet Inc. (NASDAQ:GOOGL) to reuse existing electric infrastructure. Google has contracted more than 300 MW of new generation capacity for the Tennessee Valley region, building on a 2025 partnership with Kairos Power and TVA for up to 50 MW of advanced nuclear power. In line with the White House’s Ratepayer Protection Pledge, Google said it will pay for 100% of the power it uses and cover infrastructure costs tied to its operations.
To support energy affordability, Alphabet Inc. (NASDAQ:GOOGL) launched a $2 million Energy Impact Fund with TVA and the Community Action Agency of Northeast Alabama, aimed at weatherization and efficiency upgrades for schools and income-qualified households. The company also announced a $550,000 donation for STEM kits across the Jackson County School District, grades 4-8, building on existing robotics programs and the YouScience aptitude initiative.
State Senate Majority Leader Steve Livingston and Jackson County Site Lead Thomas Gamble both highlighted the partnership’s role in regional development. Alphabet Inc. (NASDAQ:GOOGL) noted that it has contributed more than $28 million in philanthropic giving in Alabama since 2009 and has trained over 130,000 Alabamians in digital skills through partnerships with regional colleges and universities.
The expansion builds on the hundreds of jobs the existing data center supports and is expected to bring more than 1,000 contract workers to the site during construction.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services, including search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.
